Dublin, Nov. 27, 2025 (GLOBE NEWSWIRE) — The global K-12 education technology market is projected to reach a value of $230.18 billion by 2034, according to a new report from ResearchAndMarkets.com. The report, titled “K-12 Education Technology Global Market Opportunities and Strategies to 2034,” outlines the market’s anticipated growth trajectory, which follows a historic period from 2019 to 2024, and a forecast period extending to 2034.
The market achieved a valuation of nearly $25.6 billion in 2024, marking a robust compound annual growth rate (CAGR) of 25.77% since 2019. The forecast indicates a continued upward trend, with expectations for growth from $25.6 billion in 2024 to $77.25 billion in 2029, at a rate of 24.72%. Following this period, the market is expected to maintain a CAGR of 24.40% through 2034.
Several factors contributed to the market’s expansion during the historic period, including increased digital adoption in classrooms and the rapid growth of cloud-based solutions. The rising demand for remote and hybrid learning models, along with a surge in education technology startups, further fueled this growth. However, challenges such as privacy and security concerns, as well as issues related to the digital divide and accessibility, have posed hurdles.
Looking ahead, the report identifies key drivers for future growth in the K-12 education technology sector, including a growing demand for personalized learning experiences, supportive government initiatives, and the increasing integration of artificial intelligence (AI) and machine learning into educational platforms. Nonetheless, potential impediments such as high implementation and maintenance costs, resistance from educators and institutions to adopt new technologies, and trade war impacts may hinder progress.
Regionally, North America emerged as the largest market, capturing 32.80% of the total share in 2024, equivalent to $8.39 billion. The Asia Pacific region is expected to be the fastest-growing market, with a forecasted CAGR of 27.94%, followed by Africa at 25.15%. South America and the Middle East are also anticipated to see significant growth, with respective CAGRs of 24.90% and 24.40%.
The competitive landscape of the K-12 education technology market is characterized by fragmentation, with numerous small players alongside significant competitors. In 2023, the top ten firms accounted for just 21.68% of the total market share. Leading the pack is Pearson Education Inc., with a 5.43% market share, followed by McGraw-Hill Education at 3.27% and Cengage Learning Pvt. Ltd. at 2.46%. Other notable players include Stride Learning Inc., TAL Education Group, and Amazon Web Services (AWS) for Education.
The report also delves into market segmentation, noting that the hardware segment accounted for 39.44% of the market, valued at $10.09 billion in 2024. Emerging as the fastest-growing segment is the solutions category, projected to expand at a CAGR of 32.36% from 2024 to 2029. In terms of technology, educational gaming represented the largest segment at 24.45%, valued at $6.25 billion, and is expected to grow at a rate of 27.21% during the same forecast period.
Online applications dominated the K-12 education technology market, constituting 77.70% of the total market in 2024, while the primary school segment represented the largest share among downstream industries at 30.38%. This segment is also forecasted to grow at a CAGR of 26.53% through 2029.
The report highlights significant opportunities for growth, particularly in the software sector, which is expected to generate an additional $19.32 billion in global annual sales by 2029. Additionally, the educational gaming segment is anticipated to contribute $14.59 billion, while online applications are projected to gain $41.88 billion in annual sales. The primary school segment is set to lead in downstream industry growth with an expected gain of $17.44 billion.
As the K-12 education technology landscape rapidly evolves, key strategies for market players include aligning technological innovations with classroom needs, enhancing learning experiences through AI integration, and developing integrated professional growth platforms. These initiatives aim to support educators while empowering students with modern, immersive learning tools.
ResearchAndMarkets.com remains a leading provider of international market research reports and data, providing insights into key industries, market trends, and competitive dynamics that shape the global K-12 education technology market.
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